MRC Global’s sales were $903 million for the fourth quarter of 2017, which was 26% higher than the fourth quarter of 2016 and 6% lower than the third quarter of 2017 due to seasonality. As compared to 2016, all sectors increased driven primarily by midstream and upstream.

Curtiss-Wright has entered into an
agreement
to acquire the assets that comprise the Dresser-Rand Government Business (Dresser-Rand), a business unit of Siemens Government Technologies, for $212.5 million in cash.

“U.S. gasoline consumption has leveled off as the stimulus provided by low and falling oil prices between 2014 and 2016 has faded, so refiners are increasingly turning to diesel and customers in emerging markets,”
Reuters
reports
.

Vectren Energy Delivery of Indiana is proposing to install an additional 50 megawatts (MW) of universal solar and build an 800 to 900-MW natural gas-fired generation facility in addition to other critical investments that will significantly change the way the company generates
power for the region
.

CNBC and SurveyMonkey recently announced the results of their quarterly Small Business Survey. According to the findings, 47% percent of small-business owners say overall business
conditions are good
, up from 44% in the fourth quarter of 2017. Also, 32% of small business owners expect to increase the...

Many of the leading U.S. metropolitan areas for commercial and multifamily construction starts showed reduced activity in 2017 compared to levels reported during 2016, according to Dodge Data & Analytics. Of the top ten markets ranked by the dollar amount of construction starts, seven registered...

"We still import fuels in a large volume," said Indonesian President Bambang Susilo Yudhoyono, adding that, as a matter of economic efficiency, Pertamina "will build three refineries within 3-5 years."